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Bio-Techne Corp (TECH)

NASDAQ: TECH · IEX Real-Time Price · USD
498.02 0.17 (0.03%)
Oct 15, 2021 4:00 PM EDT - Market closed
Market Cap19.68B
Revenue (ttm)931.03M
Net Income (ttm)140.41M
Shares Out38.91M
EPS (ttm)3.47
PE Ratio143.52
Forward PE59.88
Dividend$1.28 (0.26%)
Ex-Dividend DateAug 13, 2021
Volume202,991
Open497.97
Previous Close497.85
Day's Range496.12 - 503.48
52-Week Range249.40 - 543.85
Beta1.12
AnalystsBuy
Price Target549.60 (+10.4%)
Est. Earnings DateNov 4, 2021

About TECH

Bio-Techne Corporation, together with its subsidiaries, develops, manufactures, and sells life science reagents, instruments, and services for the research, and diagnostics and bioprocessing markets worldwide. The company operates through two segments, Protein Sciences, and Diagnostics and Genomics. The Protein Sciences segment provides biological reagents used in various aspects of life science research, diagnostics, and cell and gene therapy, such as cytokines and growth factors, antibodies, small molecules, tissue culture sera, and cell sele...

IndustryLife Sciences Tools & Services
IPO DateFeb 9, 1989
CEOCharles Kummeth
Employees2,600
Stock ExchangeNASDAQ
Ticker SymbolTECH
Full Company Profile

Financial Performance

In 2021, Bio-Techne's revenue was $931.03 million, an increase of 26.04% compared to the previous year's $738.69 million. Earnings were $140.41 million, a decrease of -38.76%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for Bio-Techne stock is "Buy." The 12-month stock price forecast is 549.60, which is an increase of 10.36% from the latest price.

Price Target
$549.60
(10.36% upside)
Analyst Consensus: Buy

News

Bio-Techne Announces ExoDx Prostate Test Data Publication in the Journal of Prostate Cancer and Prostatic Diseases

MINNEAPOLIS, Oct. 13, 2021 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ:TECH) today announced that Exosome Diagnostics, a Bio-Techne brand, has published important clinical research in the journal Pro...

2 days ago - PRNewsWire

Bio-Techne To Host Conference Call On November 2, 2021 To Announce First Quarter 2022 Financial Results

MINNEAPOLIS, Oct. 11, 2021 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today announced that management will host a conference call and webcast on Tuesday, November 2, 2021, at 8:00 a.m. CDT to...

4 days ago - PRNewsWire

REGN or TECH: Which Is the Better Value Stock Right Now?

REGN vs. TECH: Which Stock Is the Better Value Option?

Other symbols:REGN
1 week ago - Zacks Investment Research

Go Big or Go Home: The Best Ideas for Q4 from Piper Sandler's Craig Johnson

Piper Sandler chief market technician Craig Johnson shares some of his firm's best investing ideas for the rest of the year, including some under-the-radar names in the chemical and energy sectors.

Other symbols:MEOHPXDU
3 weeks ago - CNBC Television

Bio-Techne Launches ExCellerate™ iPSC Expansion Medium

MINNEAPOLIS, Sept. 14, 2021 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) Bio-Techne announced the launch of a new medium for the expansion and maintenance of induced pluripotent stem cells (iPS...

1 month ago - PRNewsWire

Bio-Techne And Carterra Initiate A Clinical Research Collaboration For COVID-19 Variant Analysis

MINNEAPOLIS and SALT LAKE CITY, Sept. 8, 2021 /PRNewswire/ -- Bio-Techne, a leading supplier of high-quality and innovative tools for life science research, therapeutic manufacturing and clinical diagno...

1 month ago - PRNewsWire

Techne (TECH) Soars to 52-Week High, Time to Cash Out?

Techne (TECH) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

1 month ago - Zacks Investment Research

Bio-Techne To Present At The 2021 Virtual Wells Fargo Healthcare Conference

MINNEAPOLIS, Sept. 2, 2021 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today announced that Chuck Kummeth, President and Chief Executive Officer, will present at the 2021 Virtual Wells Fargo H...

1 month ago - PRNewsWire

Is Techne (TECH) a Solid Growth Stock? 3 Reasons to Think " Yes "

Techne (TECH) possesses solid growth attributes, which could help it handily outperform the market.

1 month ago - Zacks Investment Research

Bio-Techne Set to Join S&P 500; Saia, Mimecast & Option Care Health to Join S&P MidCap 400; Others to Join S&P SmallC...

NEW YORK, Aug. 24, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 effective prior to the opening of trading on Monday, Au...

Other symbols:MIMEOPCH
1 month ago - PRNewsWire

Can Bio-Techne (TECH) Stock Continue to Grow Earnings?

If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Bio-Techne (TECH).

1 month ago - Zacks Investment Research

Techne (TECH) Q4 Earnings and Revenues Beat Estimates

Techne (TECH) delivered earnings and revenue surprises of 11.31% and 4.87%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Bio-Techne Declares Dividend

MINNEAPOLIS, Aug. 5, 2021 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) announced that its Board of Directors has decided to pay a dividend of $0.32 per share for the quarter ended June 30, 2021...

2 months ago - PRNewsWire

Bio-Techne Releases Fourth Quarter Fiscal 2021 Results

MINNEAPOLIS, Aug. 5, 2021 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ:TECH) today reported its financial results for the fourth quarter ended June 30, 2021. Fourth Quarter FY2021 Snapshot Fourth quar...

2 months ago - PRNewsWire

Bio-Techne's RNAscope™ Technology Aids in the Retrospective Tissue Diagnosis of COVID-19 in cases with no previous te...

MINNEAPOLIS, Aug. 4, 2021 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today announced that scientists at the U.S. Centers for Disease Control and Prevention (CDC) recently highlighted the impo...

2 months ago - PRNewsWire

Bio-Techne Announces 2021 Investor Day and Webcast

MINNEAPOLIS, Aug. 3, 2021 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today announced that management will host its 2021 Investor Day on Friday, September 10, 2021, starting at 9:00 a.m. EDT. ...

2 months ago - PRNewsWire

Techne (TECH) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Techne (TECH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Bio-Techne and PROGEN Introduce New Simple Plex AAV2 Immunoassay

MINNEAPOLIS, July 28, 2021 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) and PROGEN today announced the launch of the Simple Plex™ Adeno-Associated Virus (AAV2) viral titer assay for AAV2 total ...

2 months ago - PRNewsWire

Bio-Techne Announces Commercial Release of RNAscope™ HiPlex V2 Assay for Single Cell Validation and Spatial Transcrip...

MINNEAPOLIS, July 27, 2021 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today announced the expansion of the Advanced Cell Diagnostics (ACD), a Bio-Techne brand, RNAscope in situ hybridization ...

2 months ago - PRNewsWire

Why the Earnings Surprise Streak Could Continue for Techne (TECH)

Techne (TECH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 months ago - Zacks Investment Research

ALXN vs. TECH: Which Stock Is the Better Value Option?

ALXN vs. TECH: Which Stock Is the Better Value Option?

2 months ago - Zacks Investment Research

Techne (TECH) Crossed Above the 20-Day Moving Average: What That Means for Investors

Is it a good or bad thing when a stock surpasses resistance at the 20-day simple moving average?

2 months ago - Zacks Investment Research

Bio-Techne To Host Conference Call On August 5, 2021 To Announce Fourth Quarter 2021 Financial Results

MINNEAPOLIS, July 13, 2021 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today announced that management will host a conference call and webcast on Thursday, August 5, 2021, at 8:00 a.m. CDT to ...

3 months ago - PRNewsWire

Bio-techne Announces Opening Of New Ireland Facility

MINNEAPOLIS, June 28, 2021 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ:TECH) today announced the opening of its new Ireland facility located in Dublin. This new facility reflects Bio-Techne's commitm...

3 months ago - PRNewsWire

Top-Performing Stocks With High Quality and Low Capital Expenditures

As of Friday, GuruFocus' “High Quality, Low CapEx” model portfolio has returned approximately 15.69% in the year to date, outperforming the Standard & Poor's 500 index benchmark's return of approximatel...

Other symbols:FTNTGOOGGOOGLNVDAODFL
3 months ago - GuruFocus